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Complete the following aging schedule for Curtis Inc for the year ended December 31st, 2020 # of days outstanding Accounts Receivable 0-30 days 31-60 days
Complete the following aging schedule for Curtis Inc for the year ended December 31st, 2020 # of days outstanding Accounts Receivable 0-30 days 31-60 days 61 - 90 Days Over 90 Days Total $610,000 Blank #2 $100,000 $25,000 Blank #5 Estimated % Uncollectible 3% 4% 10% 11% Estimated Uncollectible Accounts Blank #1 $18,000 Blank #3 Blank #4 Blank #6 Question 48 (1 point) Blank #7 If the unadjusted balance in the allowance for doubtful accounts on December 31, 2020 was a credit of $10,000, by how much would you need to credit the allowance for doubtful accounts by to get it to its correct balance? Question 49 (1 point) Blank #8 During 2021 $2,000 were deemed uncollectible. In order to write this amount off, which account would you need to credit (note: Only provide the account name, do not provide the amount) Question 50 (1 point) Blank #9 During 2021 $2,000 were deemed uncollectible. In order to write this amount off, which account would you need to debit (note: Only provide the account name, do not provide the amount)
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